In dealing
with the price of electricity from renewable company, the starting point cannot be cancellation of contracts. That is a wrong starting point. But we are negotiating with suppliers of energy from renewable companies and at the same time, we are talking to coal producers to reduce the prices of supply to Eskom.
The reason to reduce those prices is because we did some investigations and we discovered that some of the coal producers make 50, 70 or 100% profits. Therefore, our aim
is not to kill businesses, but we want people to make reasonable profit and get returns from their investments. So in this regard, we are busy with that process and we are not negotiating cancelation. Instead, we are negotiating the adjustment of the prices downwards.
Therefore, we are talking to Eskom and National Energy Regulator of SA, Nersa, to actually give us what we call administered prices by reducing the actual price of Eskom to the areas of industrialisation in the economy.